PROJECT

Projects

Summary of Investment Information

Project Number

32659

Company Name

EARLYBIRD DIGITAL EAST FUND 2012 SCA SICAR

Date SPI Disclosed

Nov 21, 2012

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jan 22, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

TMT, Venture Capital & Funds

Industry

Manufacturing

Previous Events

Approved : Mar 26, 2013
Signed : May 30, 2013
Invested : Jan 16, 2014

Sector

Private Equity/Venture Cap Fund - Sector

Project Description

Earlybird Digital East Fund 2012 SCA SICAR (“EDEF” or “the Fund”) is a venture capital fund dedicated to investing in early stage technology companies originating primarily in Turkey, Poland, Hungary, Slovakia, Romania, Bulgaria, Ukraine, Czech Republic and opportunistically in Former Yugoslav Republics, Southern/Eastern Mediterranean and Baltics. EDEF intends to invest in the next generation of leading companies in a number of industry sectors, with a focus on technology-enabled scalable services; web applications and online services; digital media; financial services; e-commerce, communication and mobile technologies and services; scalable IT services; IT components and green technology.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation